Paytm drops bonus shares, redirects ₹1,686 crore in IPO proceeds to growth
Following a stronger June quarter, Paytm has withdrawn its bonus-share proposal and will redirect unused IPO funds toward acquisitions, new businesses and ecosystem expansion. The company also approved an investment of up to ₹100 crore in Paytm Money.
Paytm dropped its bonus-share proposal to prioritise growth and profitability after strong June-quarter results. It will invest up to Rs 100 crore in Paytm Money and redirect Rs 1,686 crore of unused IPO proceeds toward acquisitions, new businesses and ecosystem expansion.
Why this matters
Paytm’s move follows its June-quarter net profit rising 79% to ₹220 crore, with payments, Soundbox and lending driving growth. Related Q1 FY27 signals also cited accelerating payments revenue and merchant volumes.
retail-company is accelerating, up 940700% QoQ.